B&CE, provider of The People’s Pension, has strengthened its investments expertise with the appointment of a new Head of Risk and Performance.
Shakeel Ahmad joins the UK’s largest independent master trust from F&C/BMO Global Asset Management, where he was Head of Investment Risk. He has previously held the same position at JP Morgan and spent four years at ABN Amro Asset Management as Head of Risk Management for fixed income and FX. He has also previously held risk and performance-related roles across multiple asset classes at various investment houses.
At B&CE, which provides The People’s Pension to one in five workers, almost 6 million people, across the UK, Shakeel joins a growing investments team which oversees assets under management of more than £17 billion, alongside asset manager State Street Global Advisors.
Commenting on his appointment, he said:
“I’m delighted to have joined B&CE at such an exciting time in its history. I’m looking forward to working with a hugely talented investment team, which has the shared aim of making the right choices for the millions of members of The People’s Pension.”
Jon Cunliffe, managing director, investments at B&CE, said:
“We’re delighted that Shakeel has brought his wealth of knowledge and experience to B&CE. He shares B&CE’s values and is committed to putting the member at the heart of every decision made and helping them to build financial foundations for life.”
Notes to editors:
The People’s Pension is a leading workplace pension scheme from B&CE, serving nearly six million pension savers across the UK, with more £17 billion assets under management. With no shareholders, it uses its profits to help people build financial foundations for life.